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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2023
Cash flows from operating activities          
Net income   $ 12,615,000   $ 17,827,000  
Adjustments to reconcile net income to net cash (used in) provided from operations          
Depreciation and amortization   66,000   75,000  
Net unrealized gains on marketable securities   (14,690,000)   (24,025,000) $ 24,025,000
Realized gains on sales of marketable securities   0   (422,000)  
Deferred income taxes   2,950,000   6,097,000  
(Increase) decrease in current assets          
Accounts receivable, net   5,945,000   5,553,000  
Inventories   14,000   (25,000)  
Prepaid expenses and other assets   (18,000)   68,000  
Income tax receivable   (21,000)   2,000  
Increase (decrease) in liabilities          
Increase (Decrease) in Accounts Payable   (624,000)   207,000  
Accrued liabilities, including non-qualified deferred compensation   (4,003,000)   (3,408,000)  
Income tax payable   (1,069,000)   0  
Net cash (used in) provided from operating activities   (1,162,000)   2,398,000  
Cash flows from investing activities          
Proceeds from sales of marketable securities $ 2,826,000     2,826,000  
Purchases of marketable securities (10,001,000)     (10,001,000)  
Purchases of property, plant and equipment   (5,000)   (36,000)  
Net cash used in investing activities   (5,000)   (7,211,000)  
Cash flows from financing activities          
Proceeds from margin loan borrowing       6,011,000  
Payment to margin loan borrowing   5,000,000 $ 11,000    
Payment of real estate loan principal   (39,000)   (23,000)  
Net cash (used in) provided from financing activities   (5,039,000)   5,988,000  
(Decrease) increase in cash and restricted cash and cash equivalents   (6,206,000)   1,175,000  
Cash and restricted cash and cash equivalents          
Beginning of period   23,138,000 $ 16,643,000 15,468,000 15,468,000
End of period $ 16,643,000 16,932,000   16,643,000 $ 23,138,000
Interest paid during period   1,232,000   917,000  
Net income taxes paid   1,265,000   0  
Subscription and Circulation [Member]          
Increase (decrease) in liabilities          
Deferred subscriptions   (55,000)   (143,000)  
Professional Fees [Member]          
Increase (decrease) in liabilities          
Deferred consulting fees   (84,000)   1,105,000  
License and Maintenance [Member]          
Increase (decrease) in liabilities          
Deferred consulting fees   $ (2,188,000)   $ (513,000)